good evening welcome to the alona show where you'll get the real headlines with none of the mersey we're coming live out of washington d.c. i'm not alone of course i'm laura lister filling in for a lot of this week she is on vacation we hope she's doing well meanwhile here in washington the debt debate continues as the country gets closer to default but in the nonstop coverage and political press conferences in this saga what is missing from the debate so we'll talk to anthony randolph so he's director of economic research for the reason foundation we'll find out from him and the norway shooter

reportedly inspired by one of our former guest on this show pamela geller what does this not her tell us about terrorism i'll get into it with retired special ops master sergeant jim hansen we will have all of that and more for you tonight including a dose of happy hour of course but first let's take a look at what the mainstream media decided to miss today. now with the casey anthony trial over and the british royals well they're not visiting lately and the debt debate is think why it is sexy or soap opera like as some of the news we've seen all over the mainstream media and so i think the main stream media may be a bit on the prowl for something juicy well and her democratic congressman david wu remember him let's see him if you forget he's this guy and the furry gods do that was a few months ago he was blackberrying photos dressed lie. that to down earth which

ended up quitting well now a young woman is accusing him of a growth of an unwanted sexual behavior bingo not good news for her but good news for the mainstream media and now it has something to latch on to look at that word of a bit of a sex scandal involving a politician in oregon a young woman who is accused congressman wu of oregon of appropriate improper sexual code for his previously revealed that he was being treated for mental health issues and he apologized to staffers after sending out a photo of himself dressed as a tiger he said this picture right here of themselves dressed up as a tiger right around the election was right around holloway in time. all right so they've got sex scandal allegations and a sketchy photo so are they looking to check off the boxes for a new political sex scandal to fill the void of another one that wrote a twenty four hour news cycle earlier this summer everyone's focused on a scandal that has you know too many times for its own good point sexting of

texting and all the start of the. you know what must be a real scandal here you must be doing something creepy here i don't want to say with certitude to you something that i don't know to be the certain truth and then today more pictures the congressman it was cornered leaving you have no choice but that fashion. whew gate certainly doesn't have the same party reign but maybe they will find a substitution as they may try to reignite a sex scandal to spice up ratings here is one missing on the mainstream media that name reignite your anger towards the banks and politicians especially if you've been foreclosed on or one of the thirty three percent of americans who believe that their home is worth less than their mortgage state are negotiating immunity for banks over foreclosures states attorneys are working to give major banks wider immunity over irregularities in handling foreclosures which basically means that.

even though banks are still using questionable practices that a coalition of all of the state's attorneys all fifty of them are working on an agreement to settle with five of the biggest u.s. banks having them pay a penalty and commit to follow new rules but in exchange they would get immunity from civil lawsuits by the state and get similar promises from the justice department now we don't know yet if this would include for prosecution immunity from that but if history serves and you've been paying attention no one has really gone after criminal charges against these banks or against these guys anyway we saw one little fall guy but no c.e.o.'s heads have rolled in criminal cases now this free pass would be granted even though reuters has found that banks have continued to shoddy practices in foreclosure cases even after promising regulators that they would stop them and this includes the widespread use of robo signing where lenders churn out foreclosure documents without even reading them with the robot signing

signatures so watch out if you get one of those because you may not hear about it on the mainstream media and your state's attorney may be pushing it is a pushing as all fifty are involved to allow banks to go unpunished but you will know what david wu looks like in a tiger suit. well it's monday and if you didn't notice the debt ceiling debate continues to rage on in washington with still no deal this even though default looms with that august second deadline we're just days away and the political theater continues seems to be taking up all the bandwidth for debate over the economy and washington and consequently on the mainstream media to everyone is focused on a couple trillion dollars that the u.s. needs to ratchet up that ceiling using it as a pawn or a symbol of what's wrong with government spending or to. really punctuate the point

that the u.s. needs to rein and deficits meanwhile what is not getting the same play well how about this sixteen trillion dollars in loans that the federal reserve gave to some of the largest financial institutions and corporations in the world revealed by the first ever top to bottom audit of the fed. where the twenty four hour coverage of that and with the threat of default stock markets were supposed to take today they didn't people said you know panic then now been maybe it isn't such a big deal but there may be a reason for that and we'll get into that but instead i want to focus on what the dollar did today it fell against the swiss franc showing a flight to quality and safety these days might be a flight away from the u.s. dollar we're pretty sure it's still a problem and jobs though is still a problem too of course if you're one of the millions of unemployed i don't have to tell you that the economy is still shedding them as thousands of fresh layoffs at

companies from blackberry to cisco are announced and the jobs are who's supposed to be figuring out how to get them back for obama he's been touted by the president well his company company just shipped an entire business of theirs to where else you don't even need me to complete that sentence you shipped it to china now anthony randolph from reason he joins me now and i'm hoping that he can help and need to really prove that these issues mean something that we should be focusing on things for even longer than i think it's going to see it's a little machine good for you to stop the earth or did i have. to go i'm going to dump someone you know i think it's all of them all. i'm pretty certain of your intellect but markets i want to start with that they didn't take today a lot of people expected they were going to that was very much the rhetoric going into this monday and they didn't but a lot of analysts that i was reading were saying because no one really thinks that the country is going to fall the markets don't really think a deal is not going to be reached and it is they think that bondholders will have

their interest paid do you agree with that is that what you think we're behind i think the general sense is that something's going to get worked out of. actually at this point the question is not will we put together something by august second actually august second really isn't even a question because maybe it's august tenth or maybe even beyond that that's kind of artificial deadline the big question is is. even if we put together a deal the debt ceiling will the u.s. lose its credit rating agency because we've let it get so close and i think that's really what markets are beginning to rise with anything that was lost today in the market the markets were down there was a flight out of the dollar to that to the swiss franc although that's been training for a long time now whether or not it has to do with this is somewhat of a question what is the most you know you know death i wanted i think today that the bigger takeaway than the market's not plunging is that once again we thought gold rally we rank increase runs it was dollars and the reason why i don't know of any and everybody you know the average person watching said let's clarify is that perceived as a flight to quality that's worth ranking

a flight to quality definitely but good you can also look at u.s. dollar against say the pound which has been traditionally seen as something more stable we actually gained against that today. it's a very stable against that yeah there's there's some question is that how much of this which is already been actually a trend over the past several weeks and years have been the franc a couple years ago was i mean two worth one hundred percent less than it is now is relative to the dollar it's really this is about a long term trend the question is i think that it's not we put together a deal is are we going to lose a credit rating here a aaa rating anyway that's what investors are trying to figure out they don't know what's priced as what because if we lose that aaa rating then that has some serious ramifications for a lot of it everywhere because so much that is anchored against that aaa things that people are starting to wrap their head around that our credit rating to increase is pretty much in the cards it's in the court of some point if it's not now and if we don't actually deal with that probably this right now then it's going

to be in the cards rights two thousand and fifteen because eventually our debt is going to reach a point where moody's and fitch and s. and p. can't justify giving us a aaa rating speaking of our dad i want to show a little graphic that we have that shows just how much that looks like in dollars so we have that that is our debt in dollars it is a football field. about three quarters of the height of the statue of liberty everybody knows that the debt is monumental everyone is talking about that my question is why is that picture such a big story that this sixteen trillion dollars and loans that the fed gave out pretty much in secrecy because there was not it not a big story that's more than that pile of dollars or will that mean that i mean the fed thinks should be a massive story it's almost as if apathy is the problem because you know someone says it to anybody watching i think even you are sort of starkey and it's like oh you know there were some conflict of interest in what the fed did big surprise i mean how like how could there not be how could there not be one it was fly by night over the weekend deals billions of dollars getting shot all the trillions of

dollars getting shoveled out of the fed and everybody in the fed is interconnected with people anyway i mean that's that's probably inescapable at some level given the nature of regulators in their business but it's almost as if the mainstream media just looks at the and goes yeah big surprise the fed is sort of incest to us with the financial with the financial markets i'm concerned with is why is it paid rating of a couple trillion dollars is a huge story lawmakers use that as a pint would have been a huge issue but fifteen trillion dollars in loans is a non-issue because one is super scary is i think if you look at it from the me i'm not saying this is right i'm just saying from from the media's perspective they're looking at one which they which there isn't new basically they can say that anybody can think what they want you can think we don't have our debt ceiling you know the whole world's going and what does that look like we don't even we don't even really know what you know what if we do default we actually don't honestly know with i would look like we can predict we don't know what that means we don't know if we hit the debt ceiling if that means we default so you can throw that story out there

and the media's going to look at something like the federal reserve and i say those are loans in the past it's more corruption big deal if we don't have you know a big name like made off that we can link this to we're going to ignore it and it's absolutely ridiculous because the real story that we should be focusing on is how does the government's interact in a crisis and what what are we sort. basing our hopes and our entire sort of like the economy on if we're so based on the government's aaa rating should we begin to assess how we can back away from a just in principle can we have that discussion yeah i think it's better i want to have it with you but right now i want to add that sixteen trillion dollars without a bailout for the rich it was you know a lot of it was a that was the bail out of the race for every foreign country situations is a bailout i mean i would say it's a bailout for the banks that don't deserve it. at the time the government saying is a bill for everybody because the argument was if we don't bail out the banks then it filters down into main street ok well where is the bailout for working people because a recent report from northeastern university showed day. as far as people that are

getting their wealth and getting the profits from this recovery corporations they corporate profits captured eighty eight percent of income growth between the second quarter of two thousand and nine and fourth quarter of two thousand and ten everyone else i think got like one percent why are we bailing out corporations the first place i don't think question is where's the bill for main street is why i am going to help in all of the financial and why should then why were financial institutions gotten help in the first place and that they're going to should be spread a little bit more for this but to help everybody i mean the question is then what do you do which is supposed to start handing out checks everybody because the bush administration tried that they handed out checks for everybody but didn't really save anything are we going to extend unemployment insurance beyond ninety nine weeks so that people can you know basically now that's more than two years of looking for a job and what we clearly they can't find jobs and unemployment has gotten worse than that here that would suggest that that's what's next if you're going to do something one thing we could do is we could incentivize moving to where there is a job and if there were china well there's you and i people in with all their

friends and there's a lot of prison labor there that we did our demise two million job openings as of the last count here in the united states two million job openings that weren't filled because people are where the jobs are and that's partly because of housing market people can't sell their homes if we're going to do something if we have to do for there's going to be some kind of program let's just pay people's moving costs to move where they can get a job really quickly and get them out the jobs are the right person if it. how to do that is just that whole business over to china well i mean that was you and i may be honest i don't know i think he's a terrible person for the job we should have a jobs are no jobs are and no more time for this but i would love to talk to you and happy hour i'm going to get to our ok and still to come here the new ambassador to afghanistan says the u.s. is not interested in permanent military bases in the country really and the suspect in the twentieth attack in norway appears to be a homegrown terrorists but some members of the media here in the u.s. tried to blame muslims moments following the attack tonight we ask who should we really be concerned about when it comes to terrorist threats.

because some people we're going to bring justice or accountability. i have a right to know what my government would want to know why i think actually. what i would characterize obama as a charismatic. of american exceptionalism. you know sometimes just a story that seems so silly you think you understand it and then something else here's some other part of it and realize that everything you saw you don't. charge is a big issue. let's

not forget that we in the fourth quarter. i think the. one well. we have to build that shows they're for. say you're ready for the freedom.

well the u.s. just got a new ambassador to afghanistan today ryan crocker was sworn in as the new u.s. ambassador to the war stricken country and he's starting out with a bang already making some pretty strong statements first starters crocker has already explained that there will be no rush to exit from the country and then he went on to say we have no interest in permanent bases in afghanistan we will stay as long as we need to and not one day more what exactly does that mean and frankly that comment is caught many people off guard including myself because of all of the statements about staying however long we need to in afghanistan despite that two thousand and fourteen deadline after all there are plenty of reasons why the u.s. would have an interest in keeping a permanent base there first of all there's this there are relations between the u.s. and pakistan and then there's the fact that afghanistan itself is nowhere near stable

in fact many predict that the country will descend into violence the second america reduces their presence in any significant way and listen to how senator lindsey graham proposed permanent stays in the country not too long ago under the right circumstances i think it would really secure the gains we've made to have a u.s. . presence in afghanistan to air bases that would be beneficial to the afghan security forces. sworn in as a way to make sure this country never goes back into the hands of the television. then there is of course the historical fact that the us has made a habit of building permanent military bases across the world and keeping them there for years and years and years and our war in afghanistan let me remind you has been the longest war in our country's history so all of a sudden we're going to defy all historical precedent in our longest war yet according the pentagon's bay structure report from two thousand and ten there are over a thousand u.s.

bases worldwide let me remind you and anywhere between four hundred sixty and six hundred of those are abroad and as many point out nobody knows how accurate this number actually is because of the staggering amount of military bases that are kept secret under media blackouts but according to this map from research from the pentagon the u.s. either already has or is planning on creating bases on every continent on earth minus antarctica antarctica get the free pass and that's not counting our floating military bases that keep guard on the atlantic and pacific oceans so while there's already a huge inconsistency is in the official number of military a great base is a broad what about how the u.s. goes about choosing where to build military bases well when you look at that data it seems that anywhere americans think gaged in a military conflict is pretty much fair game they've also left a base behind to south korea the countries in europe and there's plenty of bases in the middle east to us has locations in saudi arabia and kuwait as well i can

project that's right even in the countries where we haven't officially waged war there is still some sort of a permanent military installation keeping all that in mind i think it's pretty safe to say that the u.s. has no problem building wherever and whenever they feel the need to keep some boots on the ground after all the troops have to have somewhere to sleep. they need a taco bell to eat i don't know if they'll talk about this so forgive me if i express my doubts overclockers statement if history shows us anything argue that we'll have more than one base in that country for decades to come. now were reports of a terror attack in norway broke on friday after a bomb blew up near the prime minister's office in oslo and a shooter massacred civilians twenty miles away at a labor party you can't it wasn't long before some of the mainstream media started instantly leaking the attacks to islamist terrorism two deadly terror attacks in norway and what appears to be the work once again of muslim extremists in oslo

today which is where the nobel prize is awarded at least one some are even using the attacks to justify u.s. military spending on the war against al-qaeda and to decry cuts to defense ending but as the suspect was captured the real facts started to come out turns out not an islamist extremist he was an ethnic norwegian described as a christian conservative reportedly driven to violence in response to what he considered the threats of multiculturalism and muslim immigration and he was inspired by american bloggers such as pamela geller who we've taken on the show by the way now this was the man allegedly responsible for one of the worst attacks in post war europe so this brings up the question once again who are the real terrorist threats now i started to get into this last week on happy hour with jim hansen so he was nice enough to offer to come back to talk to me about this he's a retired special operations operations master sergeant and he's also a military blogger at black dot net. thanks for being here good to see you going

good to see you so on friday you were saying that it was ridiculous for the department of homeland security to show light and a video about terrorist threats because white men are not to threats islamist terrorism is the threat and then we have a norwegian man who kills seventy six people and is responsible for the worst now thicker and norway's history does this change your mind what no i'm going to agree with alone who actually said that it was politically correct the homeland security was showing white males in there because at the time there was no reason when they made that they do said they weren't a threat well i would say you are going to show that they are a threat which is they can be a threat i think though that one guy is a drop in the islamist bloodbath it's been happening worldwide if you look at the number of terrorist attacks worldwide that have been committed by islamists about islam is in the name of jihad in the name of expanding the caliphate then it's

dwarfed by the number of attacks by anyone other than those so but it's fair to say that people like people together said it's likely or when laura ingram said it's likely that this was al qaeda and remember they claimed responsibility. it was a group through they claim responsibility. and they quickly everything that but i'm talking about on friday you also said that ninety five percent of the people killed by terrorists are killed by muslim terrorists. but to prove your point i actually looked out upon which you that really known conservative website and we could previous shows if you look at the terrorist attacks for the past three years well over ninety percent were conducted by islamists and more than ninety percent of the people killed were killed by muslim terrorists yeah absolutely stand by that who are the victims the victims are overwhelmingly most of which is the sad part so the united states should be out war and be most concerned about muslim extremism and fight to protect muslims and well that's that. good question i'm not sure i would

say that our job as americans is to go ahead and protect every muslim in the world that's not our problem but if you look at the terrorist threats that if you would if there's attacks but the united states over the past several years they were attacks by muslims killing in this case americans you know you go. on and you've got the guy who shot up the recruiting center in. those world trade center there let's talk about the world trade center because some of the statistics you sent me about islamic terror you said a website that you like and one heading said putting the numbers in perspective and quotes and it said that nineteen muslim hijackers killed more innocents in two hours on september eleventh than the number of american criminals executed in the last sixty five years do you think this proves what you're saying that islamic terrorism is the main threat to the us i think car crashes are probably the main threat to america's terrorism but i think you are absolutely i think islam is terrorism is far and away the number one thing most likely to kill americans in

america or abroad and is that which justifies the united states war against terrorism and heightened security against homegrown terrorism the from the muslim threat absolutely i don't see why not i mean if you look at that if you could who is being killed and if you look at the people who are threatening to kill us and actively making terrorist attacks i'm sure that's which we should be doing and i think it's not a question of muslims as a whole being blamed for this that's absolutely wrong and i disagree with anyone who says that but where do they learn to get radicalized they get radicalized in the mosques and the radicalized by the media let me ask you this in proportional terms norway has lost more people from this attack than america did on nine eleven and relative to the population this is from the economist a different source that two attacks taken together of a similar magnitude to this the temper eleventh hijackings and united states so given that should does this mean that norway should use this to you know launch a war on homegrown terror from the threat of

a bike. he's angry about muslim immigrants i think any time i think the guy in norway is an anomaly and you take one attack which is all there was it was an extremely effective attack ok granted but this was a guy who claims he was a knight templar i think that's an automatic there's an arab and bloggers who write about the islamist threat to write his manifesto it's with about also cause for the unabomber which means he's deranged on both sides of the fence i mean he was a nut ok and is he a terrorist oh absolutely absolutely there's and he is a domestic terrorist and i think it is fair for anyone to go ahead and scrutinize groups that go ahead and advocate violence in pursuit of any cause anyone who claims that killing in this instance to further a political cause is ok is a terrorist and i'm ok with doing that but if you look you have to look at the number of attacks and the overall numbers just because proportionally norway's a tiny country and this guy was horrendously horrifically effective doesn't mean that that compares to the thousands of attacks since nine eleven that have been

conducted in my yard so that i'm. not so i was going to be mcveigh cherelle off in our block and was just about i'll give you a successful was the shoe bomber quite ineffective and so was the times square guy was in a phase out very completely he didn't have any warrant a complete change to airport security but there is no warrant you know guess what market complete change is in reaction i don't phrase with terrorists ok so you don't think that i don't favor the t.s.a. security that's a joke but if you want to do that i would favor profiling people with specific countries of origin was specific travel patterns specific this is a and a specific religion so we've had the worst attack on your soil ever would you start profiling white christian right wing conservatives that it seems there's a pattern. that cited but it's that it's the magnitude of the killing i don't think so i think just because he was really effective doesn't mean he became a pattern of things that justifies profiling in our case we've had. no group

attacks both abroad and in the us that were done by a specific group of people with a specific ideology once that happens you've got a pattern and profiling becomes in some ways appropriate what about his manifesto he was inspired by american bloggers like pamela geller who i've interviewed i know where she operates and she cherry picks her facts and she cherry picks her statistics in order to support her cause you have done a lot of the same i would say with that ninety percent statistic which doesn't refer to the muslim threat against americans to substantiate the threat of muslim extreme extremists to america does this make you reconsider your ideology that you can't even talk about absolutely no i don't think i have an ideology what i have is a rational look at the facts and i'm not cherry picking anything when i look at the worldwide threat the worldwide threat is from one group of people they're readily identifiable and they have an ideology so anything we can do to identify them and interdict them or capture them and kill them all in favor but i don't think that's the same as saying all of a sudden you know profiling

a specific group for no reason. a specific group for no reason i have a reason and so does anyone else who looks at the facts really quickly i don't have much time but someone else washington post blogger use this very quickly to say defense spending cuts should not be on the chopping block she said because of michelle that's right all of this was before you know we knew that this was a long norwegian that sort of thing do you think that the facts these days can kind of be used to support any kind of a political agenda people have i think they almost always are i think the scope of the reasons why the to be off the table and you know blow norwegians don't make the cut ok but that's a whole other subject we have to go but jim you know i love you and i had no hard feelings i just wanted to take it out on some of the facts still ahead here i don't operate the glimmer of hope when it comes to the reporting industry trying to punish people over music piracy and courting latino voters president obama thinks that the national council of the brazile but does obama's rhetoric match his record on issues important to the hispanic community will dive into that topic in just a moment.